Replies to post #18055 on Aurora Cannabis Inc (ACB)

[ax57]

No. Keeping my hard-earned savings out of the hands of the shorters is not the same as shorting. Not even close. It's nothing more than the preservation of capital.

[DrFunktastic]

WOW.

There is absolutely nothing wrong with profit taking. We are all playing the same game, make money. Simple.

We all have different strategies, sometimes we get it right and sometimes we get it wrong, but by no means are necessarily obliged to playing long or short.

I played it exactly the same as Ax, but I am in Aphria, I played a bit more conservative than Ax... I got out a 9.80 and back in at 9.60 but managed to add quite a bit more value in the transaction.

The risk is in the stock doesn't drop after you get out! And you have to pay short term capital gains vs long term capital gains in taxation which can be higher.

One must decide if the short gains over the year are more than the difference in taxation... again, sometimes you get it wrong and sometimes you get it right.